SSAS - (Small Self Administered Scheme)

The advantage of a Small Self Administered Scheme (SSAS) to any small to medium sized business, especially a family company, are widely appreciated.

These include:

• Flexible contributions including Income Tax relief (and Corporation Tax and National Insurance relief on Company Contributions)
• Ability to receive Pension Transfers
• Commercial Property purchase
• Borrowing for property purchase
• Residential Property Collective Investment Schemes
• Purchase of unquoted shares
• Flexible retirement options
• Investment control
• Open to more than one member
• Loans to the company

Our partners provide a comprehensive Professional Trusteeship and also take on the role of being the Scheme Administrator, whilst some other providers may not.

Administrative services provided to operate the a SSAS effectively and efficiently includes:

• Scheme documentation;
• Annual report and meeting;
• Operation of scheme bank account;
• Benefit calculation;
• Completion of the pensions scheme annual returns.

Please note that to enjoy the full investment benefits of a SSAS, all the members must be trustees.